Gilbert Business Center Condominium —

Key facts from Gilbert Business Center Condominium —'s documents

Reflects the 2008 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

Condominium (Throughout)

Legal name

Gilbert Business Center Owners Association (Section 1.4, Section 2.3)

Developer / declarant

Kavir Development, LLC, an Arizona limited liability company (Opening paragraph; Recitals)

Governing law

Arizona Condominium Act, A.R.S. § 33-1201 et seq. (Section 1.13)

Leasing & rentals

Section 4.18 mentioned in Table of Contents but text not provided

Parking & vehicles

Parking Spaces may be assigned as Limited Common Elements; unreserved spaces available for common use; Declarant may restrict use of unassigned spaces during marketing (Section 2.8.1(c), Section 3.4.2)

Architectural approval

Board of Directors acts as Architectural Review Committee (Section 4.3)

Voting & meetings

Total 100 votes allocated among Units according to each Unit's percentage of undivided interests in Common Elements (set forth on Exhibit B) (Section 2.7)

Amendments

Amendment requires approval of Owners holding at least 67% of votes? (Not fully stated in provided text; Section 13.5 noted but details not given; also mortgagee consent may be required under Article 12) (Section 13.5, Section 12.6)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.